SANEM and the World Bank invite stakeholders for consultation of the macroeconomic analysis conducted for the World Bank Country Economic Memorandum (CEM) for Bangladesh, which will be published in a few months. The Country Economic Memorandum is a core analytical product by the World Bank that analyzes a country’s economic developments, prospects, and growth constraints and identifies policy reforms for key economic sectors. This event will discuss the analytical underpinnings as part of the process to finalize the report. Bangladesh’s economic development is a remarkable success story. However, sustaining high growth will be challenging. Most importantly, Bangladesh still benefits from reforms and structural changes in the past, but new growth impulses are declining. To sustain the success, the growth model requires adjustments. Suggestions from peers posit that there are opportunities for faster development through bringing more women into employment, trading more, attracting more FDI, and building more infrastructure. With strong reforms, Bangladesh can be on a path towards becoming an upper-middle-income country within a decade.
The virtual event styled “Adjusting Bangladesh’s growth model to sustain its success” will be held on 20 February 2022 from 7:00 PM – 8:30 PM Bangladesh Standard Time (GMT+6). The event will host a presentation which will be respectively followed by a panel discussion and then a Q/A session. SANEM and the World Bank invite academicians, experts, development practitioners, policymakers and all interested parties to participate in the event. The participants are welcome to share their feedback on the CEM in the event.
